Trader Talk
- Wednesday, 22 Feb 2012 1:51 PM ETBy: Bob Pisani
It's way too early to call it a success or disappointment, but one thing is sure: in this environment, it's orders that matter. » Read more - Wednesday, 22 Feb 2012 10:17 AM ETBy: Bob Pisani
The French Caribbean in February: "Where are the French?" If you want to see how much the European crisis has touched everyone — but particularly the more well-heeled — take a quick trip to St. Martin and St. Barts. I just did, and when I asked hotel owners, cab drivers, and head waiters the usual, "How's business?" question, the near-universal answer was, "Comme ci, comme ça" (or so-so). Specifically: There are a lot fewer Europeans. » Read more - Thursday, 16 Feb 2012 7:34 PM ETBy: Bob Pisani
I'll be leaving town tomorrow for a few days of R&R, but here's a couple thoughts as we sail into yet another critical eurozone finance minister meeting: 1) Do the Europeans really want a deal with Greece? Depends on who you ask. The southern block...Italy, Portugal, Spain...most assuredly. » Read more - Thursday, 16 Feb 2012 1:04 PM ETBy: Bob Pisani
Mario Draghi’s kiss: Trying to put a pretty bow around the Greek bailout. Who woulda thunk it: The European Central Bank pulls a switcheroo and puts OSI before PSI. Mario Draghi said it, I didn’t: On Feb. 9, he said it was “highly premature” to comment on the Greek bailout, and implied the ECB would not participate until the terms of the private sector deal (PSI) were clear. » Read more - Thursday, 16 Feb 2012 11:05 AM ETBy: Bob Pisani
Greek brinkmanship: Is the European Union negotiating with the wrong parties? The concern is that after the Greek elections in April, the Greeks may attempt to renegotiate the deal. The EU leaders want to pre-empt that possibility by getting the two major parties to sign an agreement that they will enforce the austerity package signed on Sunday, regardless of the outcome. » Read more - Thursday, 16 Feb 2012 9:32 AM ETBy: Bob Pisani
Now it gets really interesting. Will the euro zone finance ministers approve the 130 billion euro ($169 billion) Greek bailout at their meeting on Monday? The odds of that happening seem to be greatly diminished. The Europeans seem not to be biting. Yes, they could agree to the deal with escrow provisions. That would be the most desirable outcome, but it will be very tough to get past the Greeks. » Read more - Wednesday, 15 Feb 2012 12:14 PM ETBy: Bob Pisani
Home building: An awful lot of optimism built into the spring home buying season! » Read more - Wednesday, 15 Feb 2012 9:23 AM ETBy: Bob Pisani
You may be sick of Greece and the European Union (I hear about it every day), but there is no doubt about its continuing grip on the markets. » Read more
ABOUT TRADER TALK
Direct from the floor of the NYSE, Trader Talk with Bob Pisani provides a dynamic look at the reasons for the day’s actions on Wall Street. If you want to go beyond the latest numbers— Bob will tell you why the market does what it does and what it means for the next day’s trading.
BIO
A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for nearly a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997. Read his full bio here.
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